Interior
- Bedrooms
- 0
- Bathrooms
- 1
- Living area
- 482 sq ft
Active · Condominium
$500,000
2501 S OCEAN DRIVE 809, Hollywood, FL 33019
- Beds
- 0
- Baths
- 1
- Living area
- 482 sq ft
- $ / sq ft
- $1,037/sq ft
- Year built
- 1968
- Lot size
- —
- HOA fee
- $680
- Annual tax
- —
About this property
Beautiful beachfront studio in the highly desirable Wave Condo on Hollywood Beach. Modern and tastefully updated unit featuring in-unit washer/dryer, spacious layout, and private balcony with stunning ocean and Intracoastal views. Located in one of the most renovated buildings on the beach with resort-style amenities including an inviting pool, jacuzzi, fitness center, valet parking, convenience store, and 24-hour security. Excellent opportunity for personal use, vacation home, or investment property. Prime location close to Fort Lauderdale Airport, Miami, Aventura Mall, dining, shopping, and entertainment. A true South Florida beach lifestyle opportunity.
Property location
Get Directions2501 S OCEAN DRIVE 809, Hollywood, FL 33019
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1968
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $680
- County
- Broward
- MLS listing ID
- A11712397
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$2,115
- Cap rate
- 0.6%
- Net yield
- 0.6%
- Cash-on-cash return
- -18.1%
- Gross yield
- 5.4%
- Mortgage payment
- $2,370/mo
- Down payment
- $125,000
- Loan amount
- $375,000
- Annual NOI
- $3,064
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.